6637 Bank Street Ottawa, Ontario K0A 2P0
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$1,450,000
Rare redevelopment opportunity on Bank Street! Offering 5.73 acres of Commercial (RC) zoned land with 167 ft of frontage, this property is priced at land value with exceptional potential for commercial or industrial use. Currently improved with a fully tenanted former motel featuring 10 residential units (1 x 3-bedroom home and 9 studio suites) and approximately 20 parking spaces, providing holding income while planning your future build. Updates include newer water system, roof, windows, and septic systems. One hydro meter services the property. Situated minutes to Hwy 417 and major transport routes, this site is ideal for redevelopment, expansion, or strategic land banking. Financials available upon request. Outstanding opportunity to capitalize on a booming commercial corridor! (id:59142)
Property Details
| MLS® Number | X12375213 |
| Property Type | Multi-family |
| Neigbourhood | Osgoode |
| Community Name | 1605 - Osgoode Twp North of Reg Rd 6 |
| Parking Space Total | 20 |
Building
| Bathroom Total | 11 |
| Bedrooms Above Ground | 12 |
| Bedrooms Total | 12 |
| Age | 31 To 50 Years |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Water Purifier, Water Softener, Water Treatment |
| Architectural Style | Bungalow |
| Basement Type | Partial |
| Cooling Type | None |
| Exterior Finish | Stone, Aluminum Siding |
| Foundation Type | Concrete |
| Heating Fuel | Propane |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 5000 - 100000 Sqft |
| Type | Other |
Parking
| No Garage |
Land
| Acreage | Yes |
| Sewer | Septic System |
| Size Irregular | 167 X 970 Acre |
| Size Total Text | 167 X 970 Acre|5 - 9.99 Acres |
| Zoning Description | Rural Commercial (rc) |
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October 23 2025 12:32:24
Ottawa Real Estate Board
Royal LePage Team Realty